Franklin Resources Inc. cut its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Free Report) by 1.1% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 702,494 shares of the company’s stock after selling 7,752 shares during the period. Franklin Resources Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $62,880,000 at the end of the most recent quarter.
A number of other institutional investors have also made changes to their positions in IWR. Legacy Investment Solutions LLC acquired a new position in iShares Russell Mid-Cap ETF during the third quarter valued at approximately $26,000. Paladin Advisory Group LLC bought a new position in shares of iShares Russell Mid-Cap ETF in the second quarter valued at $27,000. Future Financial Wealth Managment LLC acquired a new position in iShares Russell Mid-Cap ETF during the third quarter worth $30,000. Sage Mountain Advisors LLC raised its position in iShares Russell Mid-Cap ETF by 50.9% during the second quarter. Sage Mountain Advisors LLC now owns 403 shares of the company’s stock worth $33,000 after acquiring an additional 136 shares in the last quarter. Finally, Cultivar Capital Inc. acquired a new stake in iShares Russell Mid-Cap ETF in the second quarter valued at $41,000.
iShares Russell Mid-Cap ETF Price Performance
iShares Russell Mid-Cap ETF stock opened at $92.46 on Tuesday. The company’s 50-day moving average is $91.50 and its 200-day moving average is $86.46. The firm has a market capitalization of $38.20 billion, a PE ratio of 20.27 and a beta of 1.02. iShares Russell Mid-Cap ETF has a fifty-two week low of $75.00 and a fifty-two week high of $96.00.
iShares Russell Mid-Cap ETF Profile
iShares Russell Mid-Cap ETF (the Fund), formerly iShares Russell Midcap Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Russell Midcap Index (the Index). The Index measures the performance of the mid-capitalization sector of the United States equity market.
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